Advertisement

The Car and Truck Fleet and Leasing Management Magazine

Volvo Shows First Smaller Cars

May 18, 2016

Photo of 40.2 Concept courtesy of Volvo.
Photo of 40.2 Concept courtesy of Volvo.

Volvo showed two new concept cars that will pave the way for the upcoming 40 Series the company hopes will expand its sales footprint.

"The new 40 Series cars have the potential to improve our market penetration in an important growing segment," said Håkan Samuelsson, Volvo's president and chief executive.

The smaller cars will be based on Volvo's Compact Modular Architecture (CMA) unveiled in October. Volvo is expected to begin producing its first smaller car in 2017.

Volvo will produce a "range of vehicles" in the smaller luxury segment that "combine bold exterior and interior design with industry-leading connectivity, electrification and autonomous drive technologies," according to the Swedish automaker.

Volvo plans to offer a battery-electric smaller car and a plug-in hybrid model. Volvo has set a goal to sell 1 million electrified cars by 2025 around the world.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

The term used in some European countries, e.g., Spain, for closed end leases, which ordinarily include the lessor assuming responsibility for maintenance and tire costs in addition to residual value risk.

Read more

Lifecycle Costs Analyzer

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Up Next

More From The World's Largest Fleet Publisher